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Primark to pay $9 million to Rana Plaza factory collapse victims and families in Bangladesh

British clothing firm Primark says it will pay a further $9 million in long-term compensation to victims of the collapse of the Rana Plaza factory in Bangladesh.

The compensation announced Tuesday is being paid to the 580 employees of Primark supplier, New Wave Bottoms, which occupied the second floor of the eight-story structure.

A further $1 million is being made to workers in the supply chain of competitors and will be paid to a trust fund run by the International Labour Organization.

The payments, which Primark hopes will be complete in 12 months, take the total the company is paying to $12 million.

Last year's collapse killed more than 1,100 people and highlighted the grim conditions in Bangladesh's garment industry, a major supplier to global fashion brands.